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Current Assets

Total Current Assets

ConocoPhillips Total Current Assets increased by 4.5% to $16.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $16.91B to $16.23B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 5.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests improved liquidity and operational capacity, while a significant decrease may indicate potential cash flow constraints.

Detailed definition

This represents the aggregate value of all company assets that are reasonably expected to be converted into cash, sold,...

Peer comparison

Peers in the energy sector typically maintain current assets proportional to their working capital requirements and commodity price exposure.

Metric ID: total_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.17B$20.18B$16.05B$17.59B$18.86B$20.45B$18.75B$16.12B$13.5B$17.18B$14.33B$13.72B$13.73B$13.98B$15.65B$16.91B$13.94B$15.88B$15.53B$16.23B
QoQ Change+17.5%-20.5%+9.6%+7.2%+8.4%-8.3%-14.0%-16.2%+27.3%-16.6%-4.2%+0.1%+1.8%+11.9%+8.0%-17.5%+14.0%-2.2%+4.5%
YoY Change+9.8%+1.3%+16.8%-8.4%-28.4%-16.0%-23.6%-14.9%+1.7%-18.6%+9.2%+23.2%+1.5%+13.6%-0.7%-4.0%
Range$13.5B$20.45B
CAGR-1.2%
Avg YoY Growth-2.3%
Median YoY Growth+0.3%

Frequently Asked Questions

What is ConocoPhillips's total current assets?
ConocoPhillips (COP) reported total current assets of $16.23B in Q1 2026.
How has ConocoPhillips's total current assets changed year-over-year?
ConocoPhillips's total current assets decreased by 4.0% year-over-year, from $16.91B to $16.23B.
What is the long-term trend for ConocoPhillips's total current assets?
Over 5 years (2020 to 2025), ConocoPhillips's total current assets has grown at a 5.2% compound annual growth rate (CAGR), from $12.07B to $15.53B.
What does total current assets mean?
The total value of all assets a company expects to turn into cash within one year.